| Description |
1 online resource (34 pages) : illustrations (chiefly color) |
| Series |
IMF staff discussion note ; SDN/15/21 |
|
IMF staff discussion note ; SDN/15/21.
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| Summary |
This Staff Discussion Note looks at the stark fiscal challenges posed by the decline and aging of populations between now and 2100. It finds that without reforms, pensions and health spending would rise to 25 percent of GDP by end-century in more developed countries (and 16 percent of GDP in less developed countries), with potentially dire fiscal consequences. Given the uncertainty underlying the population projections and associated large fiscal risks, a multi-pronged approach will be required. This could include entitlement reform---starting now but at a gradual pace; policies that affect demographics and labor markets; and better tax systems and more efficient public expenditure |
| Notes |
"Benedict J. Clements, Kamil Dybczak, Vitor Gaspar, Sanjeev Gupta, and Mauricio Soto." |
|
"October 2015." |
| Bibliography |
Includes bibliographical references (pages 29-34) |
| Notes |
Online resource; title from PDF title page (IMF Web site, viewed October 27, 2015) |
| SUBJECT |
DemoGraphics. http://id.loc.gov/authorities/names/no2007158271
|
|
DemoGraphics fast |
| Subject |
Fiscal policy.
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Population aging.
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Expenditures, Public.
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Entitlement spending.
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Public welfare -- Finance.
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Public welfare -- Finance
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Entitlement spending
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Expenditures, Public
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Fiscal policy
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Population aging
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Deficits.
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Demographic Trends and Forecasts.
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Demographics.
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Fertility.
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Forecasts of Budgets.
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General.
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| Form |
Electronic book
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| Author |
Clements, Benedict J., (IMF staff)
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Dybczak, Kamil, (IMF staff)
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Gaspar, Vitor, (IMF staff)
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Gupta, Sanjeev, (IMF staff)
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Soto, Mauricio, (IMF staff)
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International Monetary Fund.
|
| ISBN |
9781513570990 |
|
1513570994 |
|
151357731X |
|
9781513577319 |
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